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Former CoreLogic executive joins Spireon
Wednesday, Mar. 28, 2018, 03:41 PM
SubPrime Auto Finance News Staff
An industry executive with almost two decades of experience joined Spireon. The company announced on Wednesday that it appointed Rashid Ismail as senior vice president of customer success, joining the Spireon’s executive leadership team. Tapping into an extensive background in ... [Read More]
Westlake rolls out new third-party servicing solution
Wednesday, Mar. 28, 2018, 03:39 PM
SubPrime Auto Finance News Staff
Westlake Financial Services continues to broaden its portfolio of services. On the heels of rolling out a product geared for paper in the prime space, the company this week launched Westlake Portfolio Management (WPM), a new business offering third-party servicing ... [Read More]
4 trends uncovered in latest Equifax consumer survey
Tuesday, Mar. 27, 2018, 03:08 PM
SubPrime Auto Finance News Staff
Along with highlighting the fruit of its collaboration with Dealer Marketing Services, Equifax also released findings from its latest consumer automotive survey, analyzing automotive shopping and buying behaviors across prime and subprime credit buyers, as well as millennial and Baby ... [Read More]
TurboPass launches verification tool powered by FormFree
Monday, Mar. 26, 2018, 03:09 PM
SubPrime Auto Finance News Staff
An automated verification solutions provider that’s flourishing in the mortgage space now is bringing its technology into auto finance. Start-up company TurboPass, which is powered by FormFree, says its tool can eliminate the hassle and risk associated with traditional asset ... [Read More]
Losses slow within subprime ABS space
Monday, Mar. 26, 2018, 03:04 PM
SubPrime Auto Finance News Staff
S&P Global Ratings used two words in a single sentence that finance companies catering to consumers with soft credit histories should be tickled to see. A recent report published by S&P Global Ratings indicated collateral performance in the U.S. subprime ... [Read More]
2 actions by Ally Financial to reinforce online capabilities
Friday, Mar. 23, 2018, 03:51 PM
SubPrime Auto Finance News Staff
Ally Financial made a pair of moves this week to enhance its position as a provider that can cater to shoppers who are looking to complete at least some of the financing process online. First, Clearlane — Ally’s online auto ... [Read More]
GWC Warranty hires new strategic brand manager
Friday, Mar. 23, 2018, 03:42 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used vehicle service contracts sold through dealers, recently announced the addition of Emily Dwyer as its new strategic brand manager. As a member of the marketing department, the company highlighted Dwyer will be responsible for ... [Read More]
6 components of alliance of Open Dealer Exchange and RouteOne to streamline F&I office
Wednesday, Mar. 21, 2018, 04:04 AM
SubPrime Auto Finance News Staff
The collaboration to simplify what happens within the dealership finance office continues. Open Dealer Exchange and RouteOne on Tuesday announced a strategic alliance that brings together the organizations to provide streamlined solutions to their partners CDK Global and Reynolds and ... [Read More]
AUL chooses former Assurant executive as new CIO
Wednesday, Mar. 21, 2018, 03:55 AM
SubPrime Auto Finance News Staff
AUL Corp., an administrator of vehicle service contracts (VSC), named a new chief information officer this week. According to a news release, AUL president and chief executive officer Jimmy Atkinson appointed Jose Fleites as the company’s new CIO, bringing more ... [Read More]
Coming this fall: Women in Auto Finance
Tuesday, Mar. 20, 2018, 11:00 AM
SubPrime Auto Finance News Staff
Continuing the Cherokee Media Group series of award programs that honor the most dedicated and talented professionals from throughout the used-car industry, company leaders on Tuesday proudly announced a new addition: Women in Auto Finance. This contingent of women who ... [Read More]